GOVERNMENT OF ABU DHABI
Battery storage, smart grid and efficiency companies raised over $536 million through venture capital in 2019
Log 9 Materials, a developer of aluminum fuel cell technology – raised $3.5 million from Exfinity Venture Partners and Sequoia Capital India while, LivGuard Energy Technologies - an automotive products to batteries company - raised $32 million from ChrysCapital and Ncubate.
West Bengal Assembly passes anti-CAA resolution
West Bengal Assembly passes resolution against CAA, NPR & NRC. West Bengal becomes the 4th st...
India Inc should avoid pushback on corporate governance, says Sinha
Sinha said there are too many members at the Financial Stability and Deve...
Government may get Rs 45,000 crore cushion on corporate tax cut
The govt is estimating a Rs 1 lakh cr loss due to a reduction in corporate tax, lower than what was expected.
Coronavirus exposes core flaws, and few strengths, in China's governance
The outbreak seemed to already be a full-blown crisis by the time it became widely reported.
Breach of linkages between market and economy will show in 2020 too
The economy-market ‘divide’ seen in CY2019 may repeat in CY2020.
Air India sale: Bidders to have access to all records in initial stage
Generally, access to all data records and draft share purchase agreement (SPA) are provided to bidders put in their interest after the preliminary information memorandum stage. The govt on Monday came out with the PIM for 100% disinvestment of debt-laden Air India as well as sale of Air India Express and 50% shareholding in equal joint venture AISATS.
View: The Budget should keep up spending while directing it to productive areas
This year, it is widely believed that the fiscal deficit will exceed its target of 3.3% of GDP due to the shortfall in revenue collection. The question is, at what level should it be set for the coming fiscal year 2020-21? CII believes this is not the time for belt tightening or fiscal consolidation, in view of the economic slowdown.
To boost desi companies, curbs likely on tyre, furniture imports
The government is all set to clamp down on import of furniture and certain types of tyres in order to give a fillip to domestic manufacturing. Separately, certain types of gems are also on the radar for import curbs.
Abu Dhabi-based agency calls for clean energy investments to double
It estimated as much as USD 10 trillion worth of investments are planned in non-renewables-related energy projects by 2030, risking failure to meet the goals of fighting global warming
Govt to decide soon on letting Indian firms list overseas
The official said many companies are interested in listing their equity shares in foreign countries.
Gorakhpur is the new Saifai under Yogi government
During the Samajwadi Party’s rule, Akhilesh Yadav had started a lion safari in Ettawah, the district of Saifai. Now Gorakhpur is set to have a zoo at the cost of Rs 181.82 crore.
CAA, NRC 'internal matters' of India: Bangladesh PM
"We don't understand why (the Indian government) did it.It was not necessary," Hasina told the Gulf News in an interview, referring to India's new citizenship law. Bangladesh, where 10.7 per cent of the 161 million population is Hindu and 0.6 per cent Buddhist, has denied any migration to India because of religious persecution, the paper said.
Unitech promoters diverted money of home-buyers and banks to off-shore tax havens: Audit report
Forensic audit of Unitech, done on SC's orders, reveal massive diversion of funds by the firm.
PDS biggest saver for government in DBT in 2019-20
As much as Rs 19,263 cr of savings have accrued till end-December due to the DBT-linked scheme, the govt said.
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